The fintech vertical is well-known to be backed by billions of venture capital dollars, and private equity investors seem similarly eager to buy in. According to the PitchBook Platform, PE investors last year closed a decade-high 95 deals involving fintech companies, which utilize technology to improve the financial services market. What’s more, the 2015 deal tally marks a 79% jump from the 53 fintech deals PE firms closed three years earlier.
Within Europe, PE investors closed 39 deals last year, a notable 40% increase from activity in 2013. Interestingly, fintech companies in France have become more popular PE targets recently, capturing 20% of European fintech deals in 2015 compared to just 6.5% the previous year.
PE activity on the sell side of fintech has increased in recent years as well, with 46 exits completed in 2015, almost double the 25 exits completed in 2012.
Here are the most active PE investors in fintech since 2010, along with their deal counts (including add-ons):
1. Blackstone (13)
T-2. HgCapital (12)
T-2. TA Associates (12)
4. KKR (11)
T-5. Bain Capital (9)
T-5. TPG (9)
7. Vista Equity Partners (8)
PitchBook Platform users can click here to view the full list of PE investors in fintech, along with deal analytics and related funds. Want to keep tabs on investment data in other rising industries? Contact us today for a free trial.